Unit ID: U1985084
22% Rental Yield
Tenant-Occupied until Jan 20, 2025
Choeng Thale, Thalang,Phuket
$964,000
5 Bedrooms
4.5
Bathrooms
5,167 Sqft
Indoor Area
Dec 2024
Completed

About This Villa

This property is a 5,167 Sqft villa with 5 bedrooms and 4.5 bathrooms that is available for sale. It is part of the project in Choeng Thale, Phuket and was completed in Dec 2024. You can buy this villa for a base price of $964,000 ($187/Sqft) and it is also available for long term rentals starting from $17,600 per month.

Features

Private PoolPrivate Pool Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub Gardening IncludedGardening Included Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Dec 16, 2024
Updated 1 day ago
Property Type Villa (Single Detached)
Storeys N/A
Location Choeng Thale, Phuket
Bedrooms 5
Nearest Landmark Bang Tao Beach -3.5 Km
Indoor Area 5,167 Sqft
Price per Sqft $187
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 5,167 Sqft
Pets N/A
Villa Ownership

Foreign nationals can own the building (villa) in their own name, but not the land that it stands on.

Foreign Ownership, Thai Ownership, Company
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership, Company
Land Title Deed N/A
Construction Completed (Dec 2024)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Pool View, Garden View
Unit Type 5BR
Parking Spots 2
Pool Size N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1985084

Investment Opportunity: Charges & Yield

Sale Price
$964,000
Rent
$17,600/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
5
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
22%

Project Details

Project Name: Le Da Villas
Developer: N/A
Construction: Off Plan (Jan 2025)
Units: 1
Project Area: N/A
Nearest Landmark Bang Tao Beach - 3.5 Km
Location: Choeng Thale, Phuket
Le Da Villas Project Details

Project Features

Car Parking Car Parking

Available Units at Le Da Villas

For Sale 1 For Rent 1
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Frequently Asked Questions

Bang Tao Beach is the nearest Beach from Le Da Villas and it is 3.5 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry, which secures ownership indefinitely of the structure.

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.


Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points:

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?


Read more here

After you have found the right property at Le Da Villas you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Read more here

 

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Phuket
Choeng Thale

Neighborhood Overview

Location and Neighborhood

Street View

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